Insurance group Santam said on Monday it has started the process of assessing claims related to contingent business interruptions due to Covid-19, including those previously rejected in the months after SA’s national lockdown commenced in March.
The claims assessment process will specifically apply to policies affected by recent court rulings that insurers are liable for business interruption losses caused by Covid-19 itself, as well as related restrictions imposed by the government, Santam said...A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
'No form of violence can ever be excused in a society that wishes to call itself decent' NelsonMandela Lockdowns are what's killing people. Phenomenal discussion MichaelPSenger
Slippery slope but they have money.